Takaful Oman Insurance SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Takaful Oman Insurance SAOG has a total shareholder equity of OMR15.7M and total debt of OMR2.7M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are OMR73.7M and OMR58.0M respectively.
Key information
17.4%
Debt to equity ratio
ر.ع2.73m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع3.20m |
| Equity | ر.ع15.66m |
| Total liabilities | ر.ع58.01m |
| Total assets | ر.ع73.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAOI's short term assets (OMR47.5M) do not cover its short term liabilities (OMR64.2M).
Long Term Liabilities: TAOI's short term assets (OMR47.5M) do not cover its long term liabilities (OMR-6.2M).
Debt to Equity History and Analysis
Debt Level: TAOI has more cash than its total debt.
Reducing Debt: TAOI's debt to equity ratio has increased from 0% to 17.4% over the past 5 years.
Debt Coverage: TAOI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TAOI's interest payments on its debt are well covered by EBIT.